Project Name 

Capital Expenditures for Modernization of the Mineral Fertilizer Plant

Project Description 

Capital Expenditures for Modernization of the Mineral Fertilizer Plant

Borrower 

Development Bank of Kazakhstan JSC 

KazAzot JSC

Final Beneficiaries

- Kazakhstan Petrochemical LLP            

- B.N. Ablazimov 

Product

Mineral fertilizers 

Industry

Chemical Industry 

Funding Status

On financing

Region

Mangystau Region, Aktau

Project Financing Structure 

Project Cost 

2,6 bln ₸

Interest of Development Bank of Kazakhstan JSC, by currency of financing

2,05 bln ₸

Personal Interest of the Borrower

0,57 bln ₸

Interest of other creditors in the project financing

None 

Terms and Conditions of the Financing Instrument of Development Bank of Kazakhstan JSC 

Financing Currency 

KZT 

Type of Financing Instrument 

Credit facility 

Interest Rate

9,54% per annum    

Loan Term 

5 years    

Source of Financing 

SPIID RB 

Contact Details

Website

www.kazazot.kz

Address

Mangystau Region, Aktau